Monday, November 20, 2006

More Good Economic News

Here is some good news you won't find in the liberal press - it's news that shows the economy is in good shape working well. Bad news for the Democrat agenda of all bad news all the time.

Missing headlines
Quote: From the most recent report from the Congressional Budget Office:

1. Corporate income tax revenues almost doubled over the last two years, from $189 billion in 2004 to $354 billion in FY 2006.

2. Corporate income tax receipts rose by 27.2% from FY 2005 to FY 2006.

3. Individual income tax revenues increased by 12.6% in 2006 to more than $1 trillion, the highest level in US history.

4. The budget deficit, as a percent of GDP, fell to 1.9% in FY 2006, the lowest level in 4 years, and well below the average of 2.3% since 1965.”

Hat tip: Flares into Darkness
Clarice Feldman 11 20 06

No comments: